The Treasury Department announced plans to add US President Donald Trump’s 
signature to US currency, reportedly starting with the $100 bill in June.

Trump to put his signature on US dollars, breaking a tradition since 1861

Ethereum is consolidating after weeks of selling pressure. The price chart 
reflects uncertainty. An on-chain transaction recorded this week reflects 
something else entirely. Data from Arkham Intelligence has identified a single 
purchase that stands out against the current market backdrop: an unmarked 
wallet acquired $106.98 million worth of ETH in one transaction. No 
announcement. No public attribution. One address, one move, nine figures. In 
isolation, a large wallet transaction proves nothing. In context, it demands 
attention. When an unmarked address commits $107 million to ETH during a 
period of sustained price weakness and negative market sentiment, it is not 
the behavior of a participant who believes the current trend continues 
indefinitely. Wallets of that size do not accumulate into weakness by 
accident. They do it by design. Related Reading: The Bitcoin Coinbase Discount 
Is Back: History Says That Is Worth Watching What Arkham&#8217;s data cannot confirm 
is the identity behind the address. What it can confirm is the scale, the 
timing, and the direction — a buyer of institutional size, moving against the 
prevailing sentiment, at a price level the broader market has spent weeks 
treating as a ceiling rather than a floor. That divergence between what the 
price is doing and what the large capital is doing is precisely the kind of 
signal that precedes a structural shift. It does not guarantee one. But it 
changes the conversation. The Pattern Has a Name. The Question Is Whether the 
Name Has a Face Arkham&#8217;s analysis goes one step further than identifying the 
transaction. It identifies a behavioral signature: the purchase pattern of the 
unmarked address matches the prior acquisition patterns of Bitmine — the 
Bitcoin and digital asset treasury company led by Tom Lee, one of the most 
publicly recognized and institutionally influential voices in crypto markets. 
That match is not a confirmation. It is a flag — and in on-chain forensics, a 
pattern match of this specificity against a known institutional actor is the 
closest thing to attribution that the data can responsibly support. Bitmine&#8217;s 
relevance to the market extends well beyond its balance sheet. Tom Lee has 
spent years as one of the few mainstream financial voices with institutional- 
level conviction on digital assets and defends them publicly. When capital 
connected to his firm moves, the market notices. Not merely because of the 
dollar size, but because of what it signals about conviction at the 
institutional level. A $107 million ETH accumulation, if attributed to 
Bitmine, would represent a direct vote of confidence in Ethereum at current 
prices from a buyer with both the resources and the public credibility to move 
sentiment. The question Arkham puts on the table — did Tom Lee just buy $100 
million in ETH — cannot yet be answered with certainty. But it is the right 
question, and the on-chain evidence is the reason it is being asked. Related 
Reading: Ethereum Staking Ratio Hits Record 31.4% As Exchange Supply Crashes 
To 2016 Lows Ethereum Weekly Chart Places This Moment in Its Proper Context 
Ethereum is trading at $2,075 on the weekly timeframe, up 1.03% on the candle 
that opened at $2,053 and tapped $2,199 before retreating. That weekly high 
rejection at $2,199 — precisely where the market attempted and failed to hold 
— is the detail the daily chart cannot show. The weekly candle is not 
recovering. It is struggling. The macro picture clarifies what struggling 
means at this scale. ETH peaked near $5,000 in early 2022, bottomed below 
$1,000 in mid-2022, recovered through the entire 2023–2024 cycle, and reached 
$4,800 again in late 2024. The current price at $2,075 represents a 57% 
drawdown from that most recent cycle high. A decline that has now erased the 
entirety of the 2024 bull run and returned ETH to levels last seen in late 
2023. Related Reading: Bitcoin Structure Has Changed: UTXO Data Challenges 
Traditional Cycle Narratives The moving average configuration on the weekly 
chart is the most damning technical signal visible. Price has broken 
decisively below the 50-week MA and is now testing the 100-week MA — the green 
line, currently descending through the $2,200–$2,300 region — from below, 
having failed to reclaim it this week. The 200-week MA, the long-term red 
line, continues its slow ascent from the $2,600 region and represents a level 
ETH has not traded above since early 2026. All three weekly MAs are converging 
downward. Price is beneath all of them. Until the 50-week MA is reclaimed on a 
weekly close, this chart has no technical case for recovery. Featured image 
from ChatGPT, chart from TradingView.com

Unknown Wallet Buys $107 Million In Ethereum – Purchase Pattern Points To Bitmine

Wall Street’s rapid migration to blockchain is unfolding now, but most 
investors may miss it until it’s complete, as institutions race to secure 
faster liquidity, lower friction, and dominance in the next era of global 
markets. Why Major Financial Institutions Are Racing On-Chain A structural 
shift in global finance is accelerating as major market institutions […]

Wall Street Is Migrating to Blockchain Faster Than Most Realize, Expert Insight

GameStop has revealed that it pledged nearly all of its Bitcoin, worth $325 
million, as collateral on Coinbase as part of a covered-call strategy.

GameStop didn’t sell its 4,710 Bitcoin after all, filing shows

Toncoin is at a critical juncture as it tests the $1 range, a key level that 
has anchored its trading for weeks. How it reacts here could determine whether 
the range holds or breaks, setting the stage for either a bullish flip or an 
accelerated drop. With strong fundamentals in play but the chart still in 
control, traders are watching closely for the decisive signal. Range Flip Or 
Breakdown: What BTC Pair Tells Us About Toncoin Charting the TON/BTC and 
TON/USDT daily pairs, analyst Umair Crypto points out that Toncoin is at a 
critical juncture. On the BTC pair, the RSI has broken above its trendline, 
signaling early bullish momentum. However, the 200 SMA on this pair remains 
the key level to watch, as it will determine whether the $1 support on the 
USDT pair holds or if the range flips higher. Related Reading: Toncoin, Quant 
Seeing Whale Activity Explosion, Big Move Ahead? The BTC pair has been 
consolidating within a range for 166 days, and the recent RSI trendline 
breakout above 50 hints that bullish pressure is building. Meanwhile, on the 
USDT pair, price is attempting to recover the 50 SMA, showing early signs of 
strength, though confirmation is still needed. From here, two scenarios are 
possible. If the BTC pair closes convincingly above the 200 SMA, it would 
likely trigger a range flip on Toncoin’s USDT pair to the upside. Conversely, 
if the BTC pair gets rejected at the 200 SMA, the range may break down, 
putting Toncoin at risk of forming a lower low below $1. Such a breakdown 
would shift the market structure into bearish territory and could accelerate 
selling pressure, making $1 a crucial level to watch. $1 Support: More Than 
Just A Psychological Level The analyst stressed that the $1 level is far more 
than a psychological benchmark; it is a critical structural support that 
anchors the entire TON/USDT range. If this level fails, the decline could 
accelerate sharply, making it a key inflection point for traders and investors 
alike. Holding above $1 is essential to maintain the current range and prevent 
a potential breakdown that could trigger further selling pressure. Even with 
strong fundamental catalysts, the market has remained largely unresponsive. 
AlphaTON Capital Corp recently launched a $100 million treasury strategy, 
while TON Wallet officially expanded into the US market, both moves signaling 
growing institutional adoption. Related Reading: Lucky Train Launches TON- 
Based Web3 Project With Staking-Like Participation Model At this critical 
juncture, the BTC pair’s 200 SMA is shaping up as the ultimate deciding 
factor. A decisive close above this level could reinforce $1 as strong support 
and pave the way for a bullish range flip. Conversely, rejection at the 200 
SMA could tip the market into bearish territory, signaling that structural 
weakness now overrides fundamental optimism. Featured image from Adobe Stock, 
chart from Tradingview.com

Cryptocurrency price in KWD